Answer: Decrease and Increase
Explanation:
According to the Mundell–Fleming model, in an economy with flexible exchange rates, expansionary fiscal policy will cause the net exports to decrease. Expansionary fiscal policy shifts the IS curve rightwards, as a result BOP surplus created in the economy. So, exchange rate decreases to shift the BOP back to its initial position. As a result of lower exchange rate, exports falls. Hence, net exports decreases.
Expansionary Monetary policy will cause the net exports to increases. Expansionary Monetary policy shifts the LM curve rightwards, as a result BOP deficit created in the economy. So, exchange rate increases to shift the BOP back to its initial position. As a result of higher exchange rate, exports increases. Hence, net exports increases.
Answer:
D. $38,000
Explanation:
The formula to compute the accounting profit is shown below:
Accounting profit = Annual revenue - Explicit cost
= $52,000 - $14,000
= $38,000
It shows a relationship between the annual revenue and the explicit cost. The difference between these two is known as accounting profit.
Where is the video? I can't see it.
Answer:
Is an activity or a public agency
Explanation:
The FLSA represents the Fair Labor Standards Act. It is a federal law and it sets the minimum amount of wages, the record, the overtime as well as employment standards. FLSA stipulates an employee coverage either as an individual coverage or an enterprise coverage
For the enterprise cover as required in this question, an enterprise can only be covered if
1. The enterprise has minimum of two employees
2. The annual volume of sales is a minimum of $500,000
3. The enterprise can also be covered if it carries out activities such as providing medical care for its people, providing preschools or main (secondary or university) schools for children or the enterprise is an hospital. It is also covered if it is a public or government agency. In order words <u>an activity or a public agency. </u>
Answer:
C. An auction market
Explanation:
Option A is wrong because merchant wholesalers purchase any products directly from the manufacturers and sell those to the retailers, or consumers. In that case, buyers and sellers do not need to come together to complete a transaction.
Option B is incorrect as the warehouse club is recognized as a retail store where customers can purchase bulk products to reduce the expenses. In that case, only sell is the motive.
Option D is wrong because drop shippers cannot hold the inventory to their stocks. Therefore, customers and manufacturers will not come together.
<u><em>Option C</em></u> is correct because, in an auction market, the buyer and the seller have to come at the same time to complete a transaction. In that market, the buyer will directly negotiate with the seller to purchase a product or something else.
